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are not in a position to do things that we otherwise would be in a position to in terms of shaping the environment to prevent war. so in my view, americas 60 veto fiscal picture increases the risk of conflict around the globe media not always involving the u.s., though certainly the risk of increasing globally. based on our fiscal picture. the point that i would want to make is the budget deal requires us to deal with a full deck of cards and those people who keep wanting to take things off the table. when i say a full deck of cards, that includes defense participating in deficit reduction. this cannot be in the case of defense a sledgehammer approach. it's going to take a long line of dealing with these issues overtime to give the defense department time and they can make in my view very significant changes in the budget, but doing it in a way that does not damage our security. doing it abruptly as the fiscal cliff does or in a very compressed time frame is not only inefficient and dangerous to security in our s. my final point is that they are missing an element in this town is primarily politic
a pollution, dangerous to the environment in co2 is of course that these plans. they attempt to surprise or two epitomize the anti-nature, enterprise spirit of this administration. the reason we need another supply-side revival of the same kind we had under ronald reagan. >> would you change anything you wrote in the original "wealth and poverty"? >> i would've changed quite a lot. there's all kinds of details that a changed. but i found that to try to change one thing would be to change everything. so you know, you get into the morass of editorial work. so instead of changing an essentially retained the old look and added 40,000 new words at the beginning and kind and revision of my monetary policy in the middle. it's a new book, but it contains the old book veered >> pennysaver bishop monetary policy, what do you mean by that? >> i failed to make clear in the original version of "wealth and poverty" that i believe can stable currencies. i don't believe including current these. i agree with steve forbes that flow currencies, which is the standard value by which every entrepreneur has to
on the overall security environment on the peninsula as well as in asia. >> did you follow up anything new? we been hearing rumblings for a time. anything new you can provide in terms of insight into lunches are things like that? >> i think you're tracking it pretty well for the media today there are indications of what they will call a satellite launch. we believe it is still the u.n. security resolutions because of the missile they'll be fired and the implications it has for ballistic missiles activity somewhere down the road and the destabilizing impact it will have on the security environment throughout the region, not just dependent. >> can you follow up on some of that? what is your assessment? they say they saw birth of her problems at their failed launch. what is your assessment? how could they have felt the problems? juicier ran possibly helping them? and do you think he's doing this in response to hard-liners in his own government? why would he be doing this? >> well, the professed reason is to probably do it in conjunction with the anniversary on the 17th, which is widely reported i
environment and she been such a great champion of public transportation that even cal train named a loco motor after jackie spear. please welcome congress woman jackie spear. >> thank you mr. mayor. thank you secretary lahood. thank you to the incredible leadership, senator feinstein, nancy pelosi and mayor lee and the board of supervisors to chairman nol an from the sfmta. i am on pins and needles. do we have anything else to report? it's still at the same point we think they're in commercials. i am reminded from the song from "top gun" "take my breath away" and $942 million takes my breath away and i think to mayor lee for that amount i think we should get a leather flight jacket to thank mr. lahood for the great gift to our great city. the new money that is going to be used here is going to create 1,000 new jobs before the end of the year with many more jobs to come after that. that is something to applaud. thank you again secretary lahood for that. this is one point 7 miles very similar to the length of the golden gate bridge when 75 years ago that was going to be built and littl
and in the environment grow more numerous and more fearsome. in response, progressives of all stripes coalesce, find their voice and their strength and pioneer the development of a powerful set of new ideas and policy proposals confirming that the path to a better world does, indeed, exist. demonstrations and protests multiply, and a popular movement for pro-democracy reform and transformative change is born. at the local level, people in groups plant the seeds of change through a host of innovative initiatives that provide inspirational models of how things might work in a new political economy devoted to sustaining human and natural communities. and sensing the direction in which things are moving, our wiser and more responsible leaders rise to the occasion, support the growing movement for change and frame a compelling story or narrative that makes sense of it all and provides a positive vision of a better america. the movement broadens to become a major national force. we don't know exactly how these or other forces will emerge or interact, but we do know this: that pleas for immediate action, f
patronage. that environment created an atmosphere as well in which the islamic opposition could take greater root, and it was essentially, you know, became more and more -- there were a number of events which, because of our lack of understanding of what was going on in libya, would, in retrospect, signal, you know, to people who are watching this, that things were not going well in libya, that essentially, the people were getting increasingly frustrated with gadhafi and had the potential to be -- to explode. you have the -- another seminal event was a massacre in 1996 in which 1250 people were killed. this was by gadhafi's head under the supervision allegedly of gadhafi's head of internal intelligence. this was very important because the victims of that massacre were primarily political prisoners and from the eastern part of the country, and the east, you know, in a very tightly knit tribal society, an act of that mag magnitude basicy created cascading resentment which came to haunt gadhafi basically. this was -- that was a major event in creating reresentment in the regime. there was large
, immigration, transportation, the environment, and high-tech issues. >> he is also the greatest karaoke sing their -- singer and all of congress. -- in all of congress. [applause] >> he just told me i had five minutes. what do you think of this program? [applause] it is about time. i want to thank francis and fong. i think this is the very first statewide heritage month held with the mayor of san francisco. let me say something about heritage month in san francisco and your mayor. in the old days, you remember san francisco was known for passing all of these anti- chinese ordinances to limit the movement, the productivity of chinese in the city. we know two things. change happens. maybe the state of california is the state of golden opportunities, where we have a chinese-american mayor of san francisco. 35 years ago, congress members passed similar resolutions in both house and the senate to formally recognize the first 10 days of may as asian-pacific heritage week. one year later, president jimmy carter signed into law a joint resolution to officially designate the annual celebration. 11 ye
commitment, where we are today, in protecting the environment? >> well, it says that the protection of environment goes up and down in america. basically because of the attitude of the president. and when president reagan came in, he removed the solar panels and sent them to a college up in, i think, connecticut. now we have one of the solar panels at the carter center, the museum, and number one producer of solar panels in the world in china, also bought one of the solar panels. so they have brought a lot of money in for that small college. we need to have consistency in america and committing ourselves to preserving the environment, protecting us from global warming which is real and we need leadership coming from the white house every day saying we need to do something about global warming. that hasn't happened yet. my hope is in president obama's second term he'll be the leader of the world and not lagging behind the other nations in doing something about global warming. >> you're a nuclear engineer at one point, promoted nuclear energy. how do you make the distinction between n
what they are doing here and implications in the overall security environment on the korean peninsula, as well as destination. >> anything new? we been hearing some rumblings for some time that there might be some activity on that front. anything new that you can provide in terms of insights into launches or things like that? >> well, i think you're tracking a pretty well. i think from the media today there are indications declared indications of their intention to do what they would call a peaceful satellite launch. and we believe it is in contradictory to the u.n. security council resolutions, that because of the nature of the type of missile they will be firing and the implications it has for ballistic missile type of activity somewhere down the road, and the destabilizing impact that will have on security incitement throughout the throughout the region, not just on the peninsula. >> can you follow up on some of -- was short assessment? they say they have solve whatever problems they had with her april failed launch. what's your assessment? how could they have solve the problem? wh
. who have good home environments, right? who don't run a crazy ship at home. the kids with a crazy environment, homework hurts then. we have to make it equitable and fair for them to have the same environment to work on the crazy, familiarial problem. >> greg: what is french homework? riding a bicycle with a basket and bah quet? >> andrea: drinking red wine and smoking cigarettes. you got a-plus. >> bob: they go home and get loaded with wine. >> greg: i'm half french. bost you are? >> greg: yes. >> andrea: oh hl la. >> dana: que paso. >> greg: what does that mean? >> dana: what's up in spanish. >> greg: what does vit to do with this? you know who words from a language. >> dana: no. i know more than that. i do. i swear. feliz navidad. that is coming up, how much do they know about fe will beiz navdad? andrea hit the streets to find out. >> can you name tall santa reindeer? >> prancer. >> ♪ on this 12th day of christmas my true love gave to me 12 --" >> geese allaying. >> dana: christmas trivia directly ahead. ♪ ♪ [ male announcer ] you like who you are... and you learned somet
smiling, playing, and learning together in a safe environment. but here is the surprise. this isn't america, it's tijuana, mexico. a tough place for a child due to drugs, violence and poverty. but the first club is helping to change lives. and this is the first boys and girls club in south africa, lives are changed here and in mexico, because the children are learning that great futures start here. the expansion of the dream is due to the vision of tupperware brand's ceo, rick and his wife susan. for more than 20 years, he's been encouraging the company to make a difference through global and social responsibility. >> i think there's really a change in the role of what-- in the social contract between individuals and their governments. a lot of governments are going broke, there's a time here where corporations need to step up and find a way, not just to fund, but to put their focus, when you put funds and focus behind it, then things start to happen. >> tupperware is proof that some big businesses are big on helping others, since 1992, tupperware has been one of the leading corpo
said than done. >>> oakland center for environment help suing. the center says it tested baby mats, changing pads for high level of cancer causing flame retardants. california law requires to attach warning --. >>> duchess of cambridge left the hospital. stopped for photos with prince william. catherine will be spending time at home. said to be less than 12 weeks along. prince charles is thrilled to become a grandfather. >>> the extra miles people went to have their craving --. >>> may pay a factor in -- look at the potential disruption to your morning commute. >>> if you're on the go, you can still watch ktvu newscast. get the appear or go to ktvu.com. when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two show
attractive to potential employers. >> it's about creating an environment where job providers and employers will want to come to michigan, create jobs here, better jobs, more jobs. >> we have hung out the open for business sign to the world. michigan has the best trained work force. now has options and opportunities for more people. >> ifill: republican governor rick snyder agrees the law will help the state. he has promised to sign it. snyder greeted president obama when he traveled to michigan today but there was no indication that they discussed the right-to-work issue. the president was later cheered when he visited an engine assembly plant outside detroit. >> these so-called right-to-work laws they don't have to do with economics. they have everything to do with politics. what they're really talking about is giving you the right to work for less money. >> ifill: 23 states have laws on the books banning the mandatory collection of union dues. in wisconsin republican governor scott walker turned aside a recall vote after he curtailed collective bargaining for public employees. voters lat
's volatile from a geopolitical standpoint. it's volatile from an environment, nature standpoint. >> rose: jeff immelt for the hour. next. >> rose: general electric is the nation's largest industrial company. it employs over 300,000 people around the world. it makes everything from aircraft engines to power plant turbines to medical imaging equipment. the company has evolved over the last decade over jeff immeant's watch. he has led a global expansion and shed once treasured businesses such as plastics and insurance. in 2011, president obama named him to lead the council on jobs and competitiveness. last month, the country created 146,000 jobs, exceeding expectations in the wake of hurricane sandy. further progress will be tested as the fiscal cliff deadline approaches without a deal inside yet. i'm very pleased to have jeff immelt back on this program. welcome >> charlie, thanks, good to be back with you. >> rose: we've talked many times about g.e. since you took over, i think once since -- just after 2001. where is the company today in terms of where do you want it to be and where do yo
want to live to 100. it's their environment. the purpose of this "new york times" article and my book "the blue zones," was really to look at the environmental components that explain longevity. >> so, dan, one of the things that fascinated me in this article, this one man in his 60s, living in america, diagnosed with cancer, given nine months to live. he moves home to ikaria and he's feeling better, working in his garden. it's 30 years later, the end of the story is he comes back to talk to the u.s. to talk to his doctors to say what do you think happened to the cancer and his doctors have passed away. it's an amazing story and anecdote but what is it specifically about the lifestyle and diet there that helps treat and prevent cancer? >> well, i think it's probably the diet. it's a very clean environment. it's not only what they eat, it's how they eat. they're not eating standing up or on the run. they tend to eat with their family. it's slow. they're overlooking the aegean. i think also if you look at their terrain, there's not more than 100 yards of flatter rain, so their whole day
environment, a huge life skill competitive sports in particular, extraordinary gain of american football. >> would you want for christmas? >> record by the dolphins but maybe we are off. we will see. i know i should aim higher. >> happy birthday. we are honored, we appreciate you being here. thank you for watching us. we are thankful for the partnership, thank you for coming out so early. thank you for a fantastic conversation. [applause] >> thank you for having me. >> the supreme court will look at what happened in 2008 by a majority of 6-3 and they are going to say that is a precedent and indiana had -- >> talking about facts, they decided on the indiana case it was constitutional for them to establish i d. they did not say that all of those states would subsequently -- [talking over each other] >> let me finish because you misrepresented what i said. [talking over each other] >> the supreme court is the law of the land. >> when i hear these accusations that black people, voter i.d. laws disproportionately affect minorities because it -- somehow we have something missing in our brain.
us about. host: thank you for the call. speaking along the lines of the environment and the epa. there is this -- from "to the boston globe" -- this from "the l.a. times" -- from "the gazette" in colorado -- our question for you is, what the think the president's no. 1 priority should be? just is joining us on the democrat line. caller: good morning. it was a little bit of serendipity that you read the editorial from "the new york times." i believe the first priority, our entire government should be repairing the infrastructure of the country. we have some infrastructure from the 19th century. with what just happened in new york, i really do think that our treasure and our people -- repairing the infrastructure will create jobs. we also have to begin protecting our coastal communities from the mega storms. even if we just decided right now to work against climate change or to slow down climate change, it still is going to happen. it will happen. it is a mechanism that is not going to stop even if we were to stop pumping co2 into the atmosphere. we have to prepare and work to tha
, that the value of doing it now in a low interest rate environment is substantially larger on these new loans for two reasons. the lower the interest rate, the faster the am more at thisization of the principal and therefore this will be a more valuable change. second because these loans are so low interest rate, they will be on our books far larger. frankly, not many loans in the past have hit that limit. so even though it's $1 trillion portfolio, the value of that change is quite small for the old loans. it's really going to be quite valuable for these newer very low interest rate loans. >> i'll be briefly two more questions. i see that f.h.a. is now making loans to people who three years ago were foreclosed upon. and that's a very different standard than even exists at fannie and freddie. i don't understand. why are you doing that? >> this is another area where we are working on changes. here's the issue. we have a significant number of homeowners that were responsible homeowners, had good credit scores that lost their jobs in the biggest economic crisis this country has faced since the de
and let me go into an environment and suddenly find i like honey boo boo and i'm watching its. i think that is a huge part of the experience and i think it is sold short. i still think a lot of americans love the enjoyment of escapism and being able to roam around the tv jungle finding things they did not know were there. >> ice -- i think people still love discovery. every month or every year, i hear some show people are suddenly talking about that i do not think you could have ever imagines choosing. if you said, i want you to choose "honey boo boo," or a certain food channel network, i do not think i have to predetermined that was my preference. the ability to stumble on them or to hear people talking about them and let me go into an environment and babble around in that and decide, i sort of like "honey boo boo," i think that is a huge part of the american television experience. i think it gets sold short. i think a lot of americans love the enjoyment of escaping and being able to roam around finding things they did not know was there. >> michael powell on the future of television.
state. >> a lot of places have drug-free work environments. now doesn't that come into question at least for today in washington state? is it the same as having a beer at lunch and coming to work? smoke a joint and come to work in what was a drug-free environment? >> it's a wonderful question. the effects will be different depending on one's tolerance. ultimately an employer has as right to expect when they employ people to come to work they are able and fit to do the job for which they were hired. certainly if there is as it relates to alcohol you're not sober and as it relates to marijuana you are a bit hazy of the mind, the employer would legally be well within their rights to take the appropriate action which means if you smoke too much, you're fired. >> guess that's a good answer to a clever conundrum they find themselves in. thank you so much. appreciate it. >>> coming up in ten minutes as well, the los angeles mayor is going to join me. he's going to talk about a federal crackdown on medical marijuana in california and now how all of this might square and he's also going to weigh
that await us in the future. >> japan's environment minister nagahama did not address concerns japan will miss its midterm goal of cutting emissions by 25% by 2020. but he promised to continue financial support for developing nations. >> translator: japan will contribute to fight climate change through cooperation with all the countries, including developing nations. >> delegates from industrialized nations say emerging economies should bear an equal burden. they say greenhouse gas emissions are rising rapidly in countries such as china and india. but the senior chinese delegate said industrialized countries should look at their own record. >> translator: we can't change the fact that industrialized nations have long been the main emitter of greenhouse gases and the cause of climate change. >> ministers have only two days to wrap up their discussions. >>> the evacuees of namee town have been away from home for 21 months and it could be years before they return. they were among the people who had to evacuate after the nuclear disaster in fukushima and many are feeling stressed out aft
up. in today'g environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management . >> clayton: i6789 >> predictions. >> making me want to drink, i doubt i'm alone. >> and brown foreman. >> bull or bear on jack. >> i'm bearish. >> brenda: your prediction. >> i like mattel, i think it's going to have a great christmas and i own the stock by the way, i think all-time high in february of next year. >> brenda: toby, bull or bear. >> coal in your stocking. >> brenda: what do you like, toby. >> it benefits from them, i like them
humans and the environment. and a toxic ban from children's sleep wear in the 1970s. an environmental advocacy group found the tests it commissioned found high levels of tris in 16 upholstered products. but the midwesteamerican chemis counsel say that it provides time -- a furniture trade group says it's not aware of any evidence including in the sofa study linking the retard ands in furniture as a home health problem. additional research is needed for the sole purpose of meeting california's strict standards. the treadway's say for them, finding this ecofriendly douch was worth it. >>> we're back in a moment with a santa sighting tonight, half a world away. has gotta be just ri. perfect golden color. rich in fiber. my dad taught me, and i taught my son out there. morning, pa. wait... who's driving the...? ♪ 99 bushels of wheat on the farm, 99 bushels of wheat ♪ [ male announcer ] yep, there's 8 layers of whole grain fiber in those mini-wheats® biscuits... to help keep you full... ♪ 45 bushels of wheat ...all morning long. there's a big breakfast... [ mini ] yee haw! ...in thos
on a new, we have the un at trading on the environment. this makes no difference -- >> why not throw a bone to bob dole? >> why throw a bone to the un? >> oh. >> is run byy dictatotors, it has a human rights committee with the worst violators in the world. why should we give any legitimacy at all? give me an answer on that. >> the chamber of commerce supports the street, along with the veterans' organizations and religis groups. they suprt it because the united states has been the leader in this area and they would like other countries to comply, make -- >> it is modeled on the americans with disabilities act. >> i know that, but it has no effect -- >> the point of the treaty is get other countries to become signatories and i got to the language and the intent of the treaty, to look out for people with disabilities. you accept the arguments. >> yeah, exactly the way the u.n. human r rights commission has spread human rights to countries around the world. it does nothing. >> you used to call people who thought like this nativist. >> it s notng to do with it nativism. the u.n. is a perniciou
environments because of how it works with your ear's own anatomy. (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would recommend lyric to a friend or loved one. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call or visit trylyric.com for a risk--free 30--day trial offer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric cacan do for you. lyric from phonak. life is on. >> i'm on a gain for the dow when we start our wednesday morning, just shy of 13,300. now this. warren buffett and george soros want congress to raise the estate tax. what is it with the superrich guys? they push for higher taxes that they don't pay. perhaps they feel guilty about their wealth? joining us now is dr. keith ablow, fox news medical a-team. we always liked dr. ablow on the show because he's an original thinker and delivers originality, we like that and appreciate that. i'm not being-- >> don't study much. >> so it has to be original. stuart: just off the top of
by the american people and your businesses and the economic environment worldwide. we should not accept going through that. you know, john engler, he and i philosophically do not agree on much -- [ laughter ] >> you know, i am just being honest about john. he ii a great politician. he comes from the other party. he is exactly right when he says the only thing that the debt ceiling is good for is destroying your credit rating. i want to send a very clear message to people here. we are not going to play that game next year. if congress in any way suggest that they will type negotiations to that feeling both and take us to the brink of default onne again, as part of a budget to go she asian, which, by the way, we have never done in our history, until we did it last year, i will not play that game. with that, let me just say, we have one path where we resolve this fairly quickly. we have some tough spending cuts. we have modest revenue increases. you get business certainty. you do what you do best. and, we then have an open running world next year to deal with a whole host of other issues like in
these groups, al-qaeda and others, troy to take advantage of the environment assad has fostered over the last year or so. it is important that they -- that the syrian people get a government out of all of this that is representative of their desires and as separations. they -- aspirations. they don't want to trade one for the other. >> that has been a concern for u.s. policy makers in all of these mideast countries affected by the arab spring. >> what secretary clinton and most others are hoping is president assad will step down. any indication that might happen? >> judging on the pro nuns ments of his -- pronouncements of his top aids, no. they call the talk a pretext for foreign intervention. he equated the regime's potential use with suicide. >> the messages i conveyed from to the leaders of cuba to the leaders of nicaragua and ecuador and venezuela are related to bilateral cooperation and to analyze and to tell them what is happening in syria. i assure you that the president will never, ever leave his country of syria. >> nonetheless, western nations, the so-called friends of syria will b
've had those things happen, do they have a productive environment to solve problems? not necessarily. they're still overcoming the divisiveness, the hard feelings from all of that." at the time reporters wanted to know whether rick snyder would support what is known as a right to work law. the idea of right to work is simple. under a right to work law, employees of a union shop don't have to pay union dues. the employees get the benefit of the union, the higher wages and better health care, all of that, but they do not have to pay for it. why pay money if you can have something for free? for unions, the results of this are close to catastrophic which is why republicans and big business love right to work laws. they are a way of destroying unions. the same heritage foundation that will be jim demint's new home says union membership fell by 15% in states that passed right to work. union organizing fell by half, passing a right to work law stops unions and it stops organizing. on the labor left, the economic policy institute reports that wages fall by more than 3% after you institute ri
will say however that the value of doing it now in a low-interest rate environment is substantially larger on these new loans for two reasons. the lower the interest rate, the faster the amortization of the principle and therefore this will be a more valuable thing in second, because the phones are so low interest rate, they will be on our books for a larger -- so frankly loans in the past and hit that limit so even though it's a trillion dollar portfolio, the value is actually small for the old loans and it will be quite valuable for these new worth largest rate loans. >> mr. chairman if i could have time briefly for more questions. i see that fha is now making loans to people that three years ago we were foreclosing on. and that is a very different standard than what exists at fannie and freddie. i don't understand. why are you doing that? >> this is another area where we are working on changes and here's the issue. we have a significant number of homeowners that were responsible homeowners, had good credit scores and lost their jobs in the biggest economic crisis this country has faced
and using that as an opportunity to say if this environment, that is not to make things rougher for workers by hiking taxes on the well-to-do. i am over simplifying this, chris van hollen is joining me from the house of representatives, a prominent democrat. >>guest: what we are talking about here in washington, is trying to extend middle class tax cuts, to ask high income individuals to pay a little bit more to reduce our deficit because if they don't pay anymore, it means that seniors on medicare are going do have to pay a lot more and they will have lets to invest in our infrastructure and roads. it is a fight for the middle class. unions form to bargain for better wages and working conditions for workers that is why they are there. this law they are about to pass in michigan, undermines their ability to do that. >>neil: how if it gives workers a chance to say you want to be in a union or not? >>guest: it creates a free rider problem and republicans in most cases don't like free riders. i don't think anyone should. what it says is, the unions --. >>neil: but democrats don't feel --. >>gu
what the environment means in haiti. >> the environment means a lot. haiti is a country that has been hit by seasonal climate events almost every year. weather events and hurricanes have severely affected the country. every year, thousands of people are dying. many have been displaced. many others are still homeless. as a youth, it is my responsibility to take part in these activities, to do something about it. i would like to see climate justice. >> what the climate justice mean to you? >> for me, eradication of poverty. that means developed countries need to take responsibility by fulfilling -- by providing finance, which is key for countries like haiti. >> marco, what the climate justice mean to you? >> all of that, including the fact that currently, emissions in the atmosphere, 75% are coming from developed countries , countries that have done everything for over a century and now they're trying to place the burden on developed countries -- developing countries who barely have enough to eat. we have a severe injustice here that we need to act on. climate justice, in a nutshell, me
of their people here, in this environment, there is little reason to lock at promising u.s., what is attracting money to places like switzerland, that it is not, inhibiting capital forming a and grrwth, we are. this has been developinn under republicans and democratic presidents alike with rules and regulations this is a very unfriendly environment to business. >> tax -- real tax rate for the large corporations, many who pay no federal income tax is 17%, it is not 35% or 30%, that is the tax rate, due to all loopholes. neil: i know, we can get into this argument. the real tax rate in japan now north of 13%, we can go back and forth on this but trend is up here, there are a lot of countries where reversing or slowing there, that is to a businessman looking to expand a good reason to expand. >> let's lower the bar, let's expect these u.s. corporationss3 with their privilages they have been given, as least keep as much money her as percentage -- >> you act like they are doing nothing here. they are hiring people, and growing hire, they have done a well the here, and our thank you to them. >> as we
to implement. i will say, however, that the value of doing it now in a low interest rate environment is substantially larger on these new loans for two reasons. the lower the interest rate, the faster the amortization of the principal and therefore this will be a more valuable change. second because these loans are so low interest rate, they will be on our books far larger. frankly, not many loans in the past have hit that limit. so even though it's $1 trillion portfolio, the value of that change is quite small for the old loans. it's really going to be quite valuable for these newer very low interest rate loans. >> i'll be briefly two more questions. i see that f.h.a. is now making loans to people who three years ago were foreclosed upon. and that's a very different standard than even exists at fannie and freddie. i don't understand. why are you doing that? >> this is another area where we are working on changes. here's the issue. we have a significant number of homeowners that were responsible homeowners, had good credit scores that lost their jobs in the biggest economic crisis th
will say, however, that the value of doing it now in a low interest rate environment is larger on these new loans for two reasons. the lower the interest rate, the faster the amortization of the principal. therefore, this will be a more valuable change. second, because these loans are so low interest rate, they will be on our books far longer. not many loans in the past have hit that limit. even though it is $1 trillion, the value of the change is small for the old loans. it is going to be valuable for these newer, very low interest rate loans. >> briefly two more questions. i see that f.h.a. is now making loans to people who three years ago were foreclosed upon. and that is a very different standard than even exists at fannie and freddie. why are you doing that? put this is another area where we are working on changes. responsible hone owners got good credit scores that lost their jobs. we believe somebody can show that they are back to work and a responsible borer again. that is someone we would work with. i would agree that our standards are not clear enough in dividing those. so what we
and be informed in an entertaining, fun environment, in a safe environment, where they can take that, what they have learned from the show and have conversations. >> it is also a tough environment. i e-mailed you before i went to see it. i said, i have a daughter that's almost 11. do you think you should bring her? >> i thought, i'm not sure. when i thought it, i saw exactly, i'm not sure. some of what happens to girls in the world is pretty ugly. >> i think girls 12 and over should see the play. i was just doing the 1 billion rising tour that we will talk about. i was in mexico city. i was with one of the women there that is fighting sex trafficking and human trafficking which $6 billion a year industry. we were just walking down the streets. there were girls, 9, 10, 11, 12, who had been sold, who had been kidnapped, raped 60 times a day. the kind of lives of women, girls across the planet is so varied. it is all part of the same story, girls not having agency over their bodies. >> on the one hand, you have monologues, often global girls telling about horrific conditions like that sexual
look at jobs report tomorrow, is dismal. we're liking inflationary environment down the road. this is bad news. >> you could could make the argument invite blowing past short term helpful, long term payne full. melissa: spending cuts, tax hikes are very dramatic going over the cliff. when you look at numbers, still is like five to one raising taxes to cutting spending. >> that's right. melissa: no one is really talking about cutting spending. isn't that the first thing you would do? if your fiscal house was in such disarray, household at home, first thing you do is stop spending. no one is doing that. >> what scares me, is that point. whether you agree or disagree hiking taxes i am not a fan of it but i think it will come. we can get past this. charlie gasparino and i have argued this. one of the consequences of the election the president will probably get his way raising most rates. melissa: right. >> i'm not saying i'm a fan. let's get past that, let's make it happen. republicans realize you lost election you didn't suddenly lose your backbone. this should be precursor gett
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